With a market cap of $32 billion, Vulcan Materials Company (VMC) produces and supplies construction aggregates in the United States. Founded in 1909, the Birmingham, Alabama-based company operates through Aggregates, Asphalt, and Concrete segments. The company is expected to report its Q1 earnings on Wednesday, Apr. 30, before the market opens.
Ahead of the event, analysts expect VMC to report a profit of $0.79 per share, down 1.3% from a profit of $0.80 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in two of the past four quarters, while missing in the other two quarters. In the previous quarter, it reported EPS of $2.17, which surpassed the consensus estimates by 23.3%, driven by a favorable pricing environment coupled with strong operational execution.
